Anthropic's $1.5 Trillion IPO Talks Put Eric Schmidt's Stake in Focus

Former Google CEO Eric Schmidt’s estimated 1% stake in Anthropic could be worth about $15 billion on paper at an IPO valuation some investors have discussed, making the offering price central to its value. The valuation under discussion is around $1.5 trillion, below earlier expectations of roughly $2 trillion. At those two hypothetical valuations, an estimated 1% holding would be worth about $15 billion or $20 billion, respectively. Neither figure represents proceeds Schmidt would receive from selling shares. Anthropic’s last announced private valuation provides a lower reference point.

Source: TokenPost